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Prominent MP criticises the time taken for Britain’s FCA to bring major laundering case to a close

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

By Dan Byrne for AMLi

Britain’s Financial Conduct Authority (FCA) remains in hot water with lawmakers as they continue to probe its performance in the NatWest AML case.

The bank – one of the largest in the UK – pleaded guilty to anti-money laundering shortcomings earlier this month and admitted that the faults may have let as much as £365M (€429M) in dirty money slip through its channels.

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Premium

NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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